MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULL) Sees Large Volume Increase – Should You Buy?

MicroSectors Gold -3x Inverse Leveraged ETN (NYSEARCA:DULLGet Free Report) shares saw unusually-high trading volume on Monday . Approximately 44,605 shares changed hands during mid-day trading, an increase of 118% from the previous session’s volume of 20,418 shares.The stock last traded at $5.15 and had previously closed at $5.32.

MicroSectors Gold -3x Inverse Leveraged ETN Trading Up 0.6 %

The firm’s 50-day moving average is $6.33 and its two-hundred day moving average is $7.66.

About MicroSectors Gold -3x Inverse Leveraged ETN

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The MicroSectors Gold -3X Inverse Leveraged ETNs (DULL) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund is an exchange-traded note that provides 3x daily inverse leveraged exposure to the spot price of gold by tracking GLD, an ETF that physically holds gold bars. DULL was launched on Feb 24, 2023 and is issued by REX Microsectors.

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